Sweet Moves at Sweetwater

Denholtz Properties completes $1 million capital improvement program at Tampa office and flex park to maintain occupancy and create value

  • By Kevin McQuaid
  • | 12:40 p.m. June 24, 2021
  • | 0 Free Articles Remaining!
COURTESY PHOTO — In the wake of its March 2020 purchase of a Tampa office and flex park, Denholtz Properties invested $1 million to add value.
COURTESY PHOTO — In the wake of its March 2020 purchase of a Tampa office and flex park, Denholtz Properties invested $1 million to add value.
  • Commercial Real Estate
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Denholtz Properties has developed a reputation for buying well and repositioning projects that often are overlooked in the market.

Such was the case when the Red Bank, New Jersey-based firm and Convergent Capital Partners acquired the 240,000-square-foot 490 First Ave. South, office building in St. Petersburg, for $19 million in 2016.

 

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